automotive

Volkswagen cuts 50k jobs as part of revival plan

Volkswagen to Cut Further 50,000 Jobs as It Ends Row with Union Over Revival Plan The latest round of talks between Volkswagen (VW) and its unions has yielded a shocking result: an additional 50,000 job cuts, bringing the total to 100,000, as part of the company's ambitious restructuring plan.

This decision is a stark reflection of VW's struggles in an increasingly competitive global market.

With over 650,000 employees across its various brands – including Audi, Skoda, Seat, Porsche, Cupra, and Lamborghini – the sheer scale of job losses is daunting.

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